US HB2260 | 2011-2012 | 112th Congress

Status

Spectrum: Partisan Bill (Democrat 3-0)
Status: Introduced on June 21 2011 - 25% progression, died in committee
Action: 2011-07-11 - Referred to the Subcommittee on Energy and Mineral Resources.
Pending: House Subcommittee on Energy and Mineral Resources Committee
Text: Latest bill text (Introduced) [PDF]

Summary

Study of Ways to Improve the Accuracy of the Collection of Federal Oil, Condensate, and Natural Gas Royalties Act of 2011 - Directs the Secretary of the Interior to arrange with the National Academy of Engineering to study whether the accuracy of collection of royalties on production of oil, condensate, and natural gas under leases of federal lands (including submerged, deep water, and Indian lands) would be improved by implementing certain prescribed measures. Requires the Secretary to award a contract under which the contractor shall: (1) compare royalty payments made under federal oil and gas lease provisions for covered lands against data supplied to the Federal Energy Regulatory Commission (FERC); (2) make such comparison retroactive to June 1, 1974; (3) determine whether the correct production standard volume and heating content analysis was used to calculate such payments; and (4) determine whether such payments were adequate under the terms of the oil and gas leases.

Tracking Information

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Title

Study of Ways to Improve the Accuracy of the Collection of Federal Oil, Condensate, and Natural Gas Royalties Act of 2011

Sponsors


History

DateChamberAction
2011-07-11HouseReferred to the Subcommittee on Energy and Mineral Resources.
2011-06-21HouseReferred to the House Committee on Natural Resources.
2011-06-21HouseSponsor introductory remarks on measure. (CR E1141)

Same As/Similar To

HB1870 (Related) 2011-09-08 - Referred to the Subcommittee on Workforce Protections.
HB501 (Related) 2011-02-25 - Referred to the Subcommittee on Workforce Protections.

Subjects


US Congress State Sources


Bill Comments

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